SPDR S&P 500 ETF Trust Lags with Just 0.5% YTD Performance

SPYSPY

The SPDR S&P 500 ETF Trust has gained just 0.5% year-to-date through Feb. 3, trailing the 25% return of the iShares MSCI South Korea ETF. This underperformance reflects U.S. equities’ limited exposure to AI-driven memory chip profit surges from Samsung and SK Hynix.

Sources

FBBBB
+1 more